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it would be difficult to repay because just on the needs we have tax on oil so it will be possible to cuts out the well because all the risk all. suppose there. is another life here and then . it's just this with everybody. he said was more than enough means. for the first time we've been allowed access to this incredibly technological and highly risky structure. on board our two hundred forty men so completely lost in interlacing of pipes that you almost never meet anyone the f.p.s. is a citadel of tubes valves elbows through which flows the precious liquid below are dozens of pipes reaching down to the bottom of the sea which suck up the oil. you could say that workers here are like the distant extras in a giant mcconnel construction protected by the navy another permanent surveillance from countless cameras. a technological exploit certainly but in a context of political paranoia. to nigerian navy patrol boat stand guard twenty four hours a day under the orders of antonio djoko. he moved into security work after twenty two years in the army twenty two years of happiness as he descr
it would be difficult to repay because just on the needs we have tax on oil so it will be possible to cuts out the well because all the risk all. suppose there. is another life here and then . it's just this with everybody. he said was more than enough means. for the first time we've been allowed access to this incredibly technological and highly risky structure. on board our two hundred forty men so completely lost in interlacing of pipes that you almost never meet anyone the f.p.s. is a...
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how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is this? >> joe biden gaffe meter? that's probably different. probably a six for a non-joe biden it would probably be an eight. come on, joe biden makes some great ones. you know, i thought it was interesting yesterday, the amount of conference calls that suddenly both sides engaged in after joe biden opened his mouth. after, put you back in chains comment, they took him off the stage for a few weeks and they may do that for the rest of the election. >> i want to move on to another piece of tape that's received a lot of attention over the last 24 hours or so. a tape put out by fox news, daily c
how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is...
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Oct 6, 2012
10/12
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all the state property does not pay property taxes. that puts a burden on the property taxpayer in augusta. the residential loner and commercial loner. when you have such a large
all the state property does not pay property taxes. that puts a burden on the property taxpayer in augusta. the residential loner and commercial loner. when you have such a large
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you specifically said you would cut this tax, this tax, this tax. >> a lot of promises. >> that add up to 5 trillion. how will you pay for that? i think that will linger a bit. >> if somebody asks him specifically what loop holes and deductions are you proposing to do away with? the president hasn't asked that question. no one has asked him that question. >> chris wallace has, actually. paul ryan. >> the bigger issue is that you can take every single deduction there is, abolish them all and that adds up to $5 trillion. >> no, i don't agree with you on that. the tax policy center you're referring to is incomplete and they've revised it since then. >> i'm not just referring to that analysis. >> governor romney did talk about how he would eliminate some deductions. he would have a bucket that he would fill up. >> what was he saying was in that bucket? let's make up a number. here is what the number is. >> he said it could be $50,000, if you capped deductions at $50,000, you're not even in the ballpark of $5 trillion. >> it was not a specific what are the actual loop holes. i think that wa
you specifically said you would cut this tax, this tax, this tax. >> a lot of promises. >> that add up to 5 trillion. how will you pay for that? i think that will linger a bit. >> if somebody asks him specifically what loop holes and deductions are you proposing to do away with? the president hasn't asked that question. no one has asked him that question. >> chris wallace has, actually. paul ryan. >> the bigger issue is that you can take every single deduction...
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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Oct 8, 2012
10/12
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and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert, heads to san francisco today with romney's poll numbers improving. >> they're looking very good. >> reporter: after the debate, romney is within two points of the president. and tomorrow, both candidates head to ohio, battleground ohio, where early voting is already under way. tomorrow is the last day to register to vote there. veronica? >> thank you. mitt
and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan....
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Oct 4, 2012
10/12
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this is a tax in and of itself. >> the magnitude of the tax cuts you're talking about governor would end up resulting in severe hardship for people but more importantly would not help us grow. >> you said you'd cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> the 90-minute monitored was the first opportunity for these candidates to go head to head. at times it got heated. >> i mean, i had a friend who said you don't just pick the winners and losers, you pick the losers. >> for 18 months he's been running on this tax plan and now five weeks before the election, he is saying that his big bold jd never mind. >> and there was this memorable moment. >> 20 years ago i became the luckiest man on earth because michelle obama agreed to marry me. >> i'm sure this was the most romantic place you can imagine here with me. >> so de spite that one moment there, the candidates have not really agreed on too much. they're definitely pushing each other than their policys and proposals. in denver colorado, i'm tori dunning, ktvu channel 2 news. >>> after th
this is a tax in and of itself. >> the magnitude of the tax cuts you're talking about governor would end up resulting in severe hardship for people but more importantly would not help us grow. >> you said you'd cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> the 90-minute monitored was the first opportunity for these candidates to go head to head. at times it got heated. >> i mean, i had a friend who said you don't just pick...
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cut on top of that. >> i don't have a tax cut, i don't have a tax cut. >> and last night's presidential debate, they traded jabs on everything from healthcare to tax cuts. >> polls show it was a good night for mitt romney. ken joins us this morning live with more reaction, good morning, ken. >> reporter: if you look at the polls those people who were watching the debate last night felt governor romney won this very first round. we were here at the university of denver in an outside area where students and faculty were watching this debate outside in the cold and that sound bite you just played concerning the 5 trillion-dollar tax cut held people off guard making the claim on governor mitt romney he wanted to cut taxes by $5 trillion and to hear mitt romney flat out denied that is what he wanted to do in the debate last night. he mentioned some of the polling -- now the people we spoke to students and faculty came in supporting the faculty and they came in and said their candidate won and it was for telling of some of the polls after the debate many of the president barack obama supporte
cut on top of that. >> i don't have a tax cut, i don't have a tax cut. >> and last night's presidential debate, they traded jabs on everything from healthcare to tax cuts. >> polls show it was a good night for mitt romney. ken joins us this morning live with more reaction, good morning, ken. >> reporter: if you look at the polls those people who were watching the debate last night felt governor romney won this very first round. we were here at the university of denver in...
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moreover the next six weeks, and over and over again, you will hear my opponents talking about how bigger tax cuts and fewer regulations and that's the way to go, and since government can't do anything, it should do almost nothing. if you can't afford health care, then hope you don't get sick is their theory. if you can't afford college, borrow money from your parents. you know what? that's not who we are. i don't think government can solve all of our problems, but government is not the source of all of our problems, either. there's stuff we can do together. instead of blaming, immigrants, unions or gays or somebody for what is going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves and for our each other. that's how we create -- >> mr. obama will be on the road through wednesday's first presidential debate. mitt romney heads to colorado tomorrow where he will hold a rally and continue his preparations for wednesday's showdown in denver. he went to church this morning outside boston but held
moreover the next six weeks, and over and over again, you will hear my opponents talking about how bigger tax cuts and fewer regulations and that's the way to go, and since government can't do anything, it should do almost nothing. if you can't afford health care, then hope you don't get sick is their theory. if you can't afford college, borrow money from your parents. you know what? that's not who we are. i don't think government can solve all of our problems, but government is not the source...
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Oct 2, 2012
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now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit talks in 2011 where president obama in the middle of talks never, until this day, has gotten specific. we don't know if he offered to raise the medicare retirement age. we don't know how much he said he would cut medicare and enact entitlement reform. so he did the opposite. he went into a serious negotiation not as a candidate but as the president and never got specific. it's one of the reasons we never got a big debt limit deal. so i think mitt romney actually is following the reagan pattern. the question is who when it comes to real negotiation with congress will follow through and get it don
now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit...
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Oct 2, 2012
10/12
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that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. thpayroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their practices or
that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. thpayroll tax cut...
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Oct 6, 2012
10/12
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they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them how that helps home owners. third, congress need to step up and passed my plan to create a veteran's job corps to help our returning heroes find work as cops, firefighters, and park rangers and communities across the country. a few weeks ago, republicans in the state -- senate vote of the plan down. in other words, ask them to get back to work and get these things done. there is no time for political gains, even in a political season. everyone needs to do their part. if you agree with me, let your representative know where you stand. tell them that if they want your vote, they need to stand wi
they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them...
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10/12
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plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert in los angeles sunday heads to san francisco today with romney's poll numbers improving. >> they're looking very good. i feel very good. >> reporter: after the debate, romney is within two points of the president. and tomorrow, both candidates head to ohio, battleground ohio, where early voting is already under way. tomorrow is the last day to register to vote there. veronica? >> thank you. mitt romney will deliver that major policy speech before noon eastern, but the obama campaign is issuing a preemptive strike with this new tv ad criticizing the republican candidate's past foreign policy faux pas. take a look. >> reckless. amateurish. that's what news media and fellow republicans called mitt romney's gaffe-filled july tour of england, israel, and poland, when our u.s. diplomats were attacked in libya,
plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert in los angeles sunday heads to san francisco today with romney's poll numbers improving. >> they're looking very good. i feel very good. >> reporter: after the debate, romney is...
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Oct 4, 2012
10/12
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tax cuts. you knew this was goingo be a big issue. president obama went on the attack saying mitt romney is essentially pitching a huge tax cut for the rich. >> governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts, that's another trillion and $2 trillion in additional military spending that the military hasn't asked for. >> mitt romney does propose across the board 20% tax cuts in the nonpartisan tax center says under that plan, taxes on the wealthiest americans would be reduced by $5 trillion. initially. but romney says he would offset the cuts with reductions and deductions and closing loopholes that will reduce the tax cut for the wealthy. so our verdict here is that president's saying he would cut the taxes by $5 trillion on wealthy is false because any deduction you take out will make it smaller. there is more to this story. on the deficit, mitt romney claims with the tax cuts he'll not add to the deficit. >> my number one pri
tax cuts. you knew this was goingo be a big issue. president obama went on the attack saying mitt romney is essentially pitching a huge tax cut for the rich. >> governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts, that's another trillion and $2 trillion in additional military spending that the military hasn't asked for. >> mitt romney does propose across the board 20% tax cuts in the nonpartisan tax center says under...
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Oct 7, 2012
10/12
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raise everybody's taxes. he set up their in san francisco, i will raise your taxes. he has had a lot of experience in that, and he will do it. i remember a statement of lyndon johnson when he was looking around why his party people were not supporting him. he said, hey, they painted their tails white and ran with the antelope. there are a lot of democratic whitetails running with the antelope. not one single democrat has introduced the mondale tax bill into the congress. of course i support the president's economic program and i support him on everything else. i am not sure because of the concept of the vice presidency that if i did not, i would go do what mr. mondale did with jimmy carter, a job away from it. i cannot do that to mr. reagan now, next year, or any other time. i have to much trust in him. i have too much friendship with them. i would feel uncomfortable during that. >> some republicans the criticized saying he disagreed with the decision to impose a grain embargo. have you ever disagree with any decision of the reagan administration? where in your judgm
raise everybody's taxes. he set up their in san francisco, i will raise your taxes. he has had a lot of experience in that, and he will do it. i remember a statement of lyndon johnson when he was looking around why his party people were not supporting him. he said, hey, they painted their tails white and ran with the antelope. there are a lot of democratic whitetails running with the antelope. not one single democrat has introduced the mondale tax bill into the congress. of course i support the...
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biggest dispute was over tax autos governor romney's central economic plan calls for a $5 trillion tax cut. >> i don't have a $5 trillion kachl tut can you tell. >> governor romney's proposal calls for a $5 dwrinl tax cut. >> i'm in the looking for a $5 trillion tax cut. >> fact check? the president is wrong to say romney's plan will add $5 twrinl to the deficit. romney said as he did last night the plan to lower the rate will be offset by closing loopholes and limiting deductions. and romney won't identify which loopholes or deduction. and concluded it's not possible to find enough loopholes and deductions. romney criticized that study. >> he cite a study. there are six studies looking at that study you described and say it's wrong. >> studies romney are talking about are from his own backers and advisors and a former advisor to george w. bush. on medicare, romney said the president's plan will limit care. >> this is going to tell people what kind of treatments they can have. >> this board can't make decisions about what treatments are given. that is prohibited in the law. >> the pres
biggest dispute was over tax autos governor romney's central economic plan calls for a $5 trillion tax cut. >> i don't have a $5 trillion kachl tut can you tell. >> governor romney's proposal calls for a $5 dwrinl tax cut. >> i'm in the looking for a $5 trillion tax cut. >> fact check? the president is wrong to say romney's plan will add $5 twrinl to the deficit. romney said as he did last night the plan to lower the rate will be offset by closing loopholes and limiting...
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goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's g
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] gly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> welcome back to "starting point." clint eastwood's address raised eyebrows because of this scene when he was talking to an empty chair. the empty chair represented president obama. this week's cover of "the new yorker" picks up on the performance agai
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl...
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Oct 2, 2012
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goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collide d with a ferry and sank. it is the deadliest accident there in years. police say six crew members have been arrested. >>> in canada fireballs rose from a warehouse housing highly explosive racing car fuel. scores of home had to be evacuated. no injuries and so far no word on what caused the fire. >>> the white house is lit up in pink to mark ok as breast cancer awareness month. new york's empire state building is also bathed in pink light. even buckingham palace in london has gone pink to support the campaign. >>> here san early look on how wall street will kick off the day. the do
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled...
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tax releases, i'm sorry. i couldn't understand the level of attack, where he was going. it seemed like he just didn't really want to compete. >> well, look, piers, certainly there has been frustration by democrats on some of the lost opportunities here, but let's try to take a look at what he actually did and perhaps what he was thinking. he wanted to have a conversation with the american people and let's talk about one of the things that i actually think he did do right, which was look into the camera, i think it was a deft move because it really shows that he does want to have that direct conversation, talked about what he has done and what he wanted to continue to do, and point out the disastrous policies that romney wants to put in place. but what i think happened was while he wanted to quote, do no harm and he was practicing the political equivalent of the hippocratic oath, he let romney get away with being a total hypocrite and telling the blatant lies and blatant untruths and not going after him on the 47%, on his offshoring. i do think that that was missed opport
tax releases, i'm sorry. i couldn't understand the level of attack, where he was going. it seemed like he just didn't really want to compete. >> well, look, piers, certainly there has been frustration by democrats on some of the lost opportunities here, but let's try to take a look at what he actually did and perhaps what he was thinking. he wanted to have a conversation with the american people and let's talk about one of the things that i actually think he did do right, which was look...
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a tax increase. if existing tax cuts are allowed to automatically expire, the average tax increaswould be $ $3500 a year, a middle income american would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial crisis. jp morgan says it will will contest the suit. >>> american express is paying $112 million in refunds and fines to settle accusations it duped customers. federal regulators say the credit card company charge unlawful late fees and deceived card holders into
a tax increase. if existing tax cuts are allowed to automatically expire, the average tax increaswould be $ $3500 a year, a middle income american would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear...
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asked if woe release more taxes. there needs to be some kind of tax question tonight because the reality is that a lot of folks don't earn very much money in places here like denver are paying a higher percentage of their income than romney. romney believes there should be lower rates for investments but hasn't explained why it is fair that he pays a lower rate. >> quick on your list of questions, many have been asked to the candidates at some point or certainly, prepared to answer. will you be stunned if the questions on the stimulus on the case of the president or taxes, to romney, go unanswered without the candidate being specific? >> well, i won't be surprised at all but the nice thing about a debate is that i think the moderator, jim lehrer, is going to take a step back and allow the clash between the candidates. i think if romney gives a nonanswer to that question we just talked about obama will say, no, answer that question and that will generate an exciting back and forth and make for a great debate. sfeefrnl
asked if woe release more taxes. there needs to be some kind of tax question tonight because the reality is that a lot of folks don't earn very much money in places here like denver are paying a higher percentage of their income than romney. romney believes there should be lower rates for investments but hasn't explained why it is fair that he pays a lower rate. >> quick on your list of questions, many have been asked to the candidates at some point or certainly, prepared to answer. will...
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$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. [ female announcer ] who will raise taxes on the middle class? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxe on the middle class. and they'll cse loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney d i approve this message. >> live and in hd, this is "good morning washington," on your side. >> candidates have never lost an -- one an election with a debate but what if you have lost them up the candidates share the spotlight in the first presidential debate before the election. >> leave yourself extra time this morning because it is fo
$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. [ female announcer ] who will raise taxes on the middle class? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your medicine. and their plan includes a trillion dollars in higher taxes. even on the...
WHUT (Howard University Television)
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. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who appeared more relaxed, more animated, even when cut short by the moderator. >> we are way over our first 15 minutes. >> the smile of a man enjoying himself. and then helped year, the president owes its signature a form which mitt romney wants to undo. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion if fighting for obamacare for two years instead of fighting for jobs for the american people. it has killed jobs. >> if you appeal obamacare, and have become fond of the term, if
. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who...
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to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened in 1986, the last time the congress and the president reagan at the time undertook major tax reform. the president didn't come forward with a plan, take it or leave it plan that he presented to the congress. instead, he articulated some broad principles that would guide him in his negotiations with congressional leaders and those led to major tax reform. that created a major economic expansion in this country. those are the same principles that governor romney would follow, if he's elected as president. >> so, he's not going to spell
to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened...
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federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the rates down to create more jobs because there is nothing better for getting us to a balanced budget than having more people working, earning more money, pay more taxes. that is by far the most effective and efficient way to get this budget balanced. obama: jim come you may want to move onto another topic, but i want to say this to the american people. if you believe we can cut taxes by $5 trillion that $2 trillion in additional spending that the military is not asking for, $7 trillion, just to get a sense of her 10 years, that is more than our entire defense budget. anything by closing loopholes and
federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the...
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i know but -- >> he's the governor, health care and obesity are important issues, overweight people tax the system much like smokers, is that an issue? >> the fact that he came out and became vulnerable is really what it's about and would have earned him those votes. look at obama telling america, i'm going to quit smoking for you, i'm going to work for it. michelle saying, watch him, let me know how he's doing. so i think the point is, we all have foibles. but when you talk about, you asked earlier about a politician potentially using drugs and alcohol. those kinds of chemicals affect their judgment and their decision-making ability when they have to make public policy, don. >> good point. >> that's a little different than someone reading the news and being judged for what she looks like, instead of how she thinks and what she does. >> go ahead, emme. >> absolutely, i agree with you, doctor. i think we have to take a look at this. the people who are larger in this country, it is the last laugh. it is the joke that's acceptable. it is truly -- there are children that are committing suic
i know but -- >> he's the governor, health care and obesity are important issues, overweight people tax the system much like smokers, is that an issue? >> the fact that he came out and became vulnerable is really what it's about and would have earned him those votes. look at obama telling america, i'm going to quit smoking for you, i'm going to work for it. michelle saying, watch him, let me know how he's doing. so i think the point is, we all have foibles. but when you talk about,...
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i don't have a tax cut that's 4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher program. i love teachers. we need more of them. don't believe me. speaker gingrich was pretty elegant in the primaries saying, look, mitt romney will say absolutely anything to get elected. >> and here's ""the new yorker's" take on the debate. it shows mitt romney debating an empty chair. >>> president obama continues be on his fundraising swing through california looking to capitalize on friday's good economic news. september unemployment rate released on friday dipped to 7.8%, the lowest of his presidency. and new fundraising numbers show the obama campaign is coming off its best month of the year raising $181 million in september. at a fundraising concert last night in los angeles the president added to his campaign coiffers. after thanking the stars for the performance, the president commented on his own performance. >> everybody here is incredible professionals, such great friends. they performed flawlessly, night after night. i can't always say th
i don't have a tax cut that's 4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher program. i love teachers. we need more of them. don't believe me. speaker gingrich was pretty elegant in the primaries saying, look, mitt romney will say absolutely anything to get elected. >> and here's ""the new yorker's" take on the debate. it shows mitt romney debating an empty chair. >>> president obama continues be on his...
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was wrong when he commented to wealthy donors about the 47% of americans who don't pay federal income taxes. romney told fox news his life has shown that he cares about 100% of americans. >>> san francisco is expected to be overrun with visitors this weekend with several major events taking police and police will be patrolling all over the city trying to keep trouble to a minimum. crowds coming to watch are two of several major events going on. police say people should be alert in crowded situations and protect their purses and pockets. your phone may be the most attractive item nor thieves. >> if you are going to -- use your cell phone put it in your pocket like you would your wallet you wouldn't walk around with wallet and cash out don't do it with a three to five hunt dollar piece of electronic equipment. >> police say take steps to prevent yourself from becoming a victim. >>> giants holding rally outside at&t park today to get ready for post-season play this weekend. fans are encouraged to wear orange and pick up a flag. giants went through a light workout yesterday in preparation for t
was wrong when he commented to wealthy donors about the 47% of americans who don't pay federal income taxes. romney told fox news his life has shown that he cares about 100% of americans. >>> san francisco is expected to be overrun with visitors this weekend with several major events taking police and police will be patrolling all over the city trying to keep trouble to a minimum. crowds coming to watch are two of several major events going on. police say people should be alert in...
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raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of americans think the president will win the debates. the president has done his best to temper debate expectations looming out there, saying he's just an okay debater. is your campaign worried these high expectations could backfire on the president? >> the president will come into the debates prepared. mitt romney has been preparing for the debates earlier than any candidate we could find on record since july. it took the week of the convention to prepare for the debates. according to "the new york times," he spent eight days preparing for this debate. we expect him to
raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of...
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>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether that rate goes up or stays still or it if romney wins, comes down. >> corrects, correct. stuart: what do you tell them. >> uncertainly is killer in small business. stuart: they come to you for a solution and you don't have a solution. >> i don't. a lot of this is uncertainty. 3200 new regulations from the federal government last year and we're on course now close to over 5,000 this year, that's an unbelievable burden. stuart: okay, i've got obamacare, i've got taxes, uncertainty in both and number three? >> they're just afraid, afra
>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin u
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...